Spacious Brick Triplex with
For Sale
$1,269,000
Pending
165 28th Ave, Brooklyn, NY 11214
Large, detached brick triplex in desirable location with parking garage.
Property Size3,120 SF
Lot Size0.06 Acres
Days on Market318
Property Features for 165 28th Ave
General Information
Standard status
Pending
Size
3,120 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$9,255
Building Details
Building Size
3,120 SF
Year Built
1935
Stories
2
Listing Agency:
Remax Real Estate Professionals
Listed By:
Billy Apter · License #BEA5721
(718) 532-2000
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 11 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Real Estate Professionals
Investment Insights
Based on property information with market context.
This is a fully detached, extra-large, 3-story, legal 3-family home. Constructed of solid brick, the property spans 3120 square feet and is situated on a 25x100 lot. It features a detached 2-car parking garage. The property is located in a desirable area, convenient to transportation and shopping. The current configuration includes a 3-bedroom unit on the second floor, with 2-bedroom and 1-bedroom units on the first floor. A full finished basement with a separate entrance is included as part of the legal living square footage. This property is suitable for investors or end-users looking to live and collect rental income.
Key Highlights
- Large, fully detached, legal 3‑family brick home (3120 sqft) on a 25x100 lot.
- Detached 2‑car parking garage.
- Located in desirable Bath Beach, convenient to transportation and shopping.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,097
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,701,940
$1.7M
Cap Rate 7%
$1,215,671
$1.2M
Cap Rate 9%
$945,522
$945.5K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$127.3K $40.80/SF
− Vacancy
−$5.7K −$1.84/SF
EGI
$121.6K $38.96/SF
− OpEx
−$36.5K −$11.69/SF
NOI
$85.1K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,701,940
Cap Rate 7%
$1,215,671
Cap Rate 9%
$945,522
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.06M – $1.42M
NOI $85,097 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$1.09M
$953.3K – $1.27M
NOI $76,267 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,404 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Large, detached brick triplex in desirable location with parking garage.
Where is this triplex located?
The property is located at 165 28th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,269,000.
What are key features of this property?
This property features: Large, fully detached, legal 3‑family brick home (3120 sqft) on a 25x100 lot.; Detached 2‑car parking garage.; Located in desirable Bath Beach, convenient to transportation and shopping.
